Los Angeles, CA — January 14, 2020 — InvestorsHub NewsWire — Sanwire Corporation (“Sanwire” or the “Company”) (OTC: SNWR), a diversified company with a focus on the entertainment industry, is pleased to provide the following corporate update to its shareholders and the investment community.
In the recent months, Sanwire’s management has focused its efforts on bringing the Company’s filings up to date including past financial statements, attorney opinion letters, and disclosure statements as required by the OTC Markets Group. Sanwire was successful in obtaining Current status.
Sanwire’s management team has been evaluating and strategizing a number of initiatives to expand the Company’s business plan. We plan on sharing these efforts with our shareholders in the coming weeks. A number of these initiatives might result in additional team members added to management, board of directors, or advisory board.
As at close of business day Friday 1/10/20, Sanwire’s total outstanding common shares are 221,053,147; total restricted common shares are 179,761,665; and total unrestricted common shares are 41,291,482. As stated on our OTC profile, total common shares held at DTC are 17,119,975.
We look forward to executing our 2020 business plan with one goal in mind; unlock shareholder value.
Safe Harbor Statement: Forward-Looking Statements are included within the meaning of Section 27A of the Securities Act of 1933, and Section 21E of the Securities Act of 1934, as amended. All statements regarding our expected future financial positions, results of operations, cash flows, financing plans, business strategy, products and services, competitive positions, growth opportunities, plans and objectives of management for future operations, listing on the OTC Markets, including words such as “anticipate,” “if,” “believe,” “plan,” “estimate,” “expect,” “intend,” “may,” “could,” “should,” “will,” and other similar expressions are forward-looking statements and involve risks, uncertainties, and contingencies, many of which are beyond our control, which may cause actual results, performance, or achievements to differ materially from anticipated results, performance, or achievements. We are under no obligation to (and expressly disclaim any such obligation to) update or alter our forward-looking statements, whether as a result of new information, future events or otherwise.
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